Thirty year bond yield pointing to sluggish growth

Week ending Friday October 27th 2017 Lots of noise in equity markets make working out if any macro influences were at play very tricky. We know NASDAQ surged to record highs on Friday after the Thursday-night release of estimate-busting numbers from the big tech stocks. But … the broader S&P500 index was only flat over the week, as non-tech stocks had less exciting results earlier in the week. That meant the Friday gains merely cancelled out the earlier losses. Tax cuts and Fed Chair still dominate The big move in the S&P500 happened during the previous week on the hope…

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